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Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals.
Updated: 4 years 21 weeks ago

What you need to know about the coronavirus right now

Wed, 2020-06-17 21:26
Here's what you need to know about the coronavirus right now:
Categories: Business News

PRESS DIGEST-New York Times business news - June 18

Wed, 2020-06-17 21:21
The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.
Categories: Business News

Norway's salmon exports to China fell amid virus outbreak

Wed, 2020-06-17 21:20
Norwegian salmon exports to China fell by a third last week to 240 tonnes, Norway's state-owned seafood marketing organisation said on Thursday.
Categories: Business News

UPDATE 1-Credit Suisse, UBS favourably placed to handle COVID-19 impact - SNB

Wed, 2020-06-17 21:12
Economic and financial conditions for the Swiss banking sector have deteriorated markedly due to the COVID-19 pandemic, the Swiss National Bank said on Thursday, but big banks UBS and Credit Suisse are favourably placed to manage challenges.
Categories: Business News

CORRECTED-Alibaba's Ant Group appoints new chief technology officer

Wed, 2020-06-17 21:10
Alibaba Group's fintech arm Ant Group, operator of Alipay, has appointed Ni Xingjun as its new chief technology officer, the company said in a statement to Reuters.
Categories: Business News

FOCUS-Air maintenance firms, manufacturers plan for $60 billion in lost sales

Wed, 2020-06-17 21:00
Maintenance firms and spare parts producers who keep airplanes running are bracing for a decline of up to 75% in sales this year - and more pain to follow - as airlines park or retire thousands of aircraft due to the coronavirus pandemic.
Categories: Business News

PRESS DIGEST- Wall Street Journal - June 18

Wed, 2020-06-17 20:54
The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.
Categories: Business News

Credit Suisse, UBS favourably placed to handle COVID-19 impact - SNB

Wed, 2020-06-17 20:51
Economic and financial conditions for the Swiss banking sector have deteriorated markedly as the COVID-19 pandemic roiled markets and halted economic activity, the Swiss National Bank said on Thursday, but big banks UBS and Credit Suisse are favourably placed to manage challenges.
Categories: Business News

UPDATE 1-Pandemic to nearly wipe out growth in developing Asia in 2020 -ADB

Wed, 2020-06-17 20:08
Developing Asia will likely clock up its weakest growth in nearly six decades this year, the Asian Development Bank (ADB) said on Thursday, as measures to contain the contagious novel coronavirus hammer economic activity. Developing Asia
Categories: Business News

REFILE-UPDATE 1-China's COVID-19 vaccine candidate shows promise in human trials, CNBG says

Wed, 2020-06-17 20:08
China National Biotec Group (CNBG) said on Tuesday its experimental coronavirus vaccine has triggered antibodies in clinical trials and the company plans late-stage human trials in foreign countries.
Categories: Business News

Japanese stocks fall on worries over fresh coronavirus cases

Wed, 2020-06-17 19:39
Japanese stocks fell on Thursday, as a spike in coronavirus infections across the United States and China raised doubts about a swift recovery in the global economy.
Categories: Business News

China will not adopt "flood-like" stimulus nor negative rates - banking regulator

Wed, 2020-06-17 19:23
China will not adopt "flood-like" stimulus nor negative rates, Guo Shuqing, chairman of the banking and insurance regulator, said on Thursday at a financial forum in Shanghai.
Categories: Business News

Morning News Call - India, June 18

Wed, 2020-06-17 19:19
To access a PDF version of this newsletter, please click here http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_06182020.pdf If you would like to receive this newsletter via email, please register at: http://solutions.refinitiv.com/MNCIndiaSubscriptionpage FACTORS TO WATCH 11:00 am: Prime Minister Narendra Modi to address the launch of ‘Auction of Coal Mines for Commercial Mining’ in New Delhi. 11:00 am: ASSOCHAM’s webinar on “Impact of COVID o
Categories: Business News

REFILE-GLOBAL MARKETS-Global stocks retreat on rising second wave fears

Wed, 2020-06-17 19:16
* S&P 500 futures, MSCI ex-Japan Asia shares down more than 1%
Categories: Business News

UPDATE 2-Australian regulator says Google's $2.1 bln Fitbit deal could harm competition

Wed, 2020-06-17 19:12
Australia's antitrust regulator warned Google's planned $2.1 billion acquisition of fitness tracker maker Fitbit may give it too much of people's data, potentially hurting competition in health and online advertising markets.
Categories: Business News

UPDATE 1-Glass Lewis joins ISS in opposing Tesla chairwoman's re-election to board

Wed, 2020-06-17 19:01
Glass Lewis said on Thursday that it urged Tesla Inc investors to vote against re-electing Chairwoman Robyn Denholm to the company's board, making it the second proxy advisory firm to oppose her appointment.
Categories: Business News

GLOBAL MARKETS-Global stocks retreat on rising second wave fears

Wed, 2020-06-17 18:39
* S&P 500 futures, MSCI ex-Japan Asia shares down more than 1%
Categories: Business News

Last A380 convoy in French village spells end of an aviation era

Wed, 2020-06-17 18:07
The last convoy of outsize parts for the world's largest airliner crawled towards an assembly plant in southwest France late Wednesday, applauded by residents and production workers as Europe's Airbus prepares to build the last A380 superjumbo.
Categories: Business News

ADB sees developing Asia barely growing in 2020 due to pandemic

Wed, 2020-06-17 18:02
The Asian Development Bank (ADB) on Thursday slashed its growth forecast for developing Asia this year to 0.1% from 2.2% to reflect the impact of the lockdowns on economic activity due to the coronavirus pandemic.
Categories: Business News

UPDATE 1-Google, Fitbit deal may hamper competition -Australian regulator

Wed, 2020-06-17 17:33
Australia's consumer watchdog said on Thursday it had concerns that Alphabet Inc-owned Google's planned $2.1 billion acquisition of fitness tracker company Fitbit may hinder competition in digital advertising and health markets.
Categories: Business News

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